Brief: Kelt Reports Q4 Adjusted FFO Per Share C$0.18

Kelt Exploration

07/03/2018 14:22

March 7 (Reuters) - Kelt Exploration Ltd  KEL.TO :
    * KELT REPORTS FINANCIAL AND OPERATING RESULTS FOR THE
QUARTER AND
YEAR ENDED DECEMBER 31, 2017
    * Q4 ADJUSTED FFO PER SHARE C$0.18
    * Q4 REVENUE C$80.8 MILLION
    * SEES FY 2018 FFO PER SHARE C$1.10
    * Q4 FFO PER SHARE C$0.18
    * QTRLY AVERAGE PRODUCTION WAS 25,063 BOE PER DAY, UP 27%
    * FORECASTED AVERAGE PRODUCTION IN 2018 IS ESTIMATED TO BE
IN
RANGE FROM 28,500 BOE PER DAY TO 29,500 BOE PER DAY
    * 2018 CAPITAL EXP‍​ENDITURE GUIDANCE UNCHANGED
    * WILL RE-EVALUATE ITS SPENDING PLANS FOR REMAINDER OF 2018
AFTER
Q1

Source text for Eikon:  ID:nGNXbJgzWd 
Further company coverage:  KEL.TO 

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